About This Home
This 8-bedroom, 3-bathroom multi-family at 1618 Taylor Avenue in Bronx, NY is listed for $1,500,000. Built in 1927, on a 0.05 acres lot.
Key Features
- Built in 1927
- 0.05 acre lot
Property Details
Amenities
Investor opportunity at 1618 Taylor Avenue, Bronx, NY 10460! This fully occupied four-unit multifamily property offers approximately 3,080 square feet of gross building area on a 2,375-square-foot lot. Featuring a mix of 2-bedroom and 3-bedroom apartments, this income-producing asset provides multiple rental income streams.
The property generates approximately $172,546 in annual gross rental income, with a reported pro forma net operating income of $133,248. All four units are occupied, with rental income supported in whole or in part by government subsidy programs or agency/organizational lease arrangements, subject to verification.
With reported operating expenses of approximately $34,122 annually, this property presents an opportunity for investors seeking a fully occupied multifamily asset with substantial existing income. The property is noted as having fewer than six units and outside rent stabilization, subject to confirmation and applicable laws. Offered exclusively at $1,500,000. Financials, leases, expenses, and rental regulations to be independently verified by the purchaser
Monthly Cost Estimate
$8,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1618 Taylor Avenue
Bronx, NY 10460
Features & Amenities
Interior Features
Property Details
Construction
Heating
Cooling
Questions & Answers
This 8-bedroom, 3-bathroom multi-family at 1618 Taylor Avenue is listed at $1,500,000. The estimated monthly payment is $8,023 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1927, 0.05 acre lot. Interior Features: ENERGY STAR Qualified Door(s), High Ceilings.
This property is listed by Abel Rodriguez and can be reached at 3475961460.
